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Books on Economics

Railroading Economics

Railroading Economics
The Creation of the Free Market Mythology
by Michael Perelman



Most economic theory assumes a pure capitalism of perfect competition. This book is a penetrating critique of the rhetoric and practice of conventional economic theory. It explores how even in the United States-the most capitalist of countries-the market has always been subject to numerous constraints.

Naming the System

Naming the System
Inequality and Work in the Global Economy
by Michael D. Yates



“A lucid, penetrating examination of the consequences of globalization … Highly recommended.”—Choice, American Library Assoc.

“Mike Yates successfully takes on an absolutely essential but daunting task: explaining in a clear, straightforward, understandable but profound way, the logic of present day capitalism. — Herman Rosenfeld, Nat'l Rep., Education Dept., CAW

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A History of Capitalism

A History of Capitalism
1500 – 2000, New Edition
by Michel Beaud




“This clear accessible book does just what its title promises… Writing in a pleasant and nonconfrontational style, Beaud does so using a chronological order without reverting to jargon, and he describes the intellectual as well as the material history of capitalist development … The book covers the most important elements of the subject and does a good job of pointing readers to additional sources… This reviewer knows of no comparable current work.” — M. PERELMAN, Choice, American Library Association

Imperialism Without Colonies

Imperialism Without Colonies
by Harry Magdoff
with an Introduction by John Bellamy Foster



“Harry Magdoff is a great teacher and an indomitable combatant. His contributions to socialist theory … are of a truly lasting importance.”—István Mészáros

Magdoff’s essays explain how imperialism works, why it generates ever greater inequality, repression, and militarism, and the essential role it plays in the development of U.S. capitalism.

  The Amoral Elephant

The Amoral Elephant
Globalization and the Struggle for Social Justice
in the Twenty-First Century
by William K. Tabb


“An insightful, bold and lucid account of American domination, but written in an accessible style, which makes is appealing as a general text on the nature of global capitalism.” —Millennium, Journal of International Studies

Monopoly Capital

Monopoly Capital
An essay on the American
Economic and Social Order
by Paul Baran and Paul M. Sweezy




“A brilliant description of the economic forces at work in the main centers of econmic power—the giant corporations.” — The Nation